PPRuNe Forums - View Single Post - Fly Bpl - Is It The Beginning Of The End???
Old 12th Sep 2013, 08:43
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Lost in Cloud
 
Join Date: Feb 2008
Location: Manchester
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backstabbing

Yes he does own the hangar the fire service use but would you sell it when the airport is under constant threat of development,after all it is owned by a large building company. RM could probably sell this and pay the bill but would you?(the hangar is his jewel in the crown if it ever comes to re development.
If he owns hangar 8, could sell it and pay his creditors, then YES he should bloody well sell it!!!

I am not involved with Blackpool at all, have never met the guy and up to this point could not comment on the on going good / bad battle in this thread.

However if he has let a company go bust with the loss of jobs as well as many a struggling pilot losing out on monies already paid, WHEN he has an asset sat there AND selling it would clear his debts BUT chose not to because he viewed 'his' asset as a 'Jewel in the crown' THEN this is simply unacceptable.

To shelter assets rather than pay debts is not the sign of an honest man. It is a weak man's way out to keep his own nest feathered leaving a trail of creditors in his wake. From what some people have wrote this is not the first time he has done this either (again I do not know whether this is true or not, but if it is there is certainly a pattern emerging).
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